What are the responsibilities and job description for the Originator - Analyst/Associate position at Ladder Capital Finance LLC?
Ladder Capital™ (“Ladder”) is a Real Estate Investment Trust that is a leader in commercial real estate finance. Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets that include multifamily, industrial, retail, office, hospitality, condominium, and other properties. Investment activities include direct origination of commercial real estate first mortgage and mezzanine loans, investments in securities secured by first mortgage loans, and equity investments in net leased and other commercial real estate.
Founded in 2008, Ladder is run by a highly experienced management team with extensive expertise in all aspects of the commercial real estate industry, including origination, credit, underwriting, structuring, capital markets, and asset management. Ladder is headquartered in New York City with a regional office in Florida.
Ladder is seeking one or more Analysts or Associates to join its Originations Team. This position will be located in Ladder’s NYC headquarters.
Responsibilities will include but may not be limited to:
- Assisting with all aspects of the loan origination process, including borrower and broker client management, preparing financial models, structuring, term sheet and loan document negotiation, due diligence, and closing of investments across transitional bridge loans, CMBS loans, mezzanine debt, and JV equity opportunities.
- Working directly with a senior team member in the Originations Group to develop and maintain relationships with existing and new borrowers and brokers and other sources of commercial mortgage loan origination and other investment opportunities.
- Assisting in the due diligence process, including presenting investment opportunities to Ladder’s investment committee for approval.
- Working closely with legal counsel and internal legal to negotiate term sheets, loan agreements, property level diligence, inter- creditor agreements and related legal documentation.
- Maintain collateral files for Ladder’s lenders, investors, rating agencies and internal asset management and trading departments.
- Perform property tours of prospective or active investment and new business travel as required.
Candidate Requirements:
- BA/BS degree in Finance, Economics, Real Estate, or related discipline preferred.
- 1-3 years of experience in the real estate finance industry (debt experience preferred).
- Strong Microsoft Office skills, with a focus on Excel, knowledge of Argus Software a plus.
- Exceptional organizational skills and ability to multi-task.
- Strong analytical and problem-solving skills.
- Candidate will have a significant desire to learn and grow within the real estate finance industry.
- Exposure to legal documentation and due diligence in a transactional environment a plus
- Ability to work on multiple transactions at a time in a fast paced, deadline-driven and entrepreneurial work environment.
- Exceptional interpersonal skills.
- Self-motivated worker with the ability and flexibility to work in a dynamic, team setting as well as independently.